All the headlines from our California Topic Page, ordered by recency.
Dec 9 2019 // PG&E Corp. surged on the strength of a Friday announcement it had secured a $13.5 billion settlement with victims of wildfires ignited by its power lines, a step toward resolving the biggest utility bankruptcy in U.S....
Dec 9 2019 // Los Angeles will pay $4 million to settle a lawsuit brought by a woman who was injured when her car plunged into a sinkhole nearly three years ago.The City Council agreed to the settlement on last week. Stephanie Scott...
Dec 6 2019 // California Insurance Commissioner Ricardo Lara will have to choose whether he wants insurers to charge higher rates or to stop writing homeowners insurance in fire-prone areas, an industry representative said following new...
Dec 6 2019 // Bayer AG agreed to postpone two upcoming U.S. trials involving its Roundup weedkiller to allow time for mediation talks on a possible settlement with plaintiffs.The German agriculture giant agreed to delay two trials that...
Dec 5 2019 // Hub International Ltd. has acquired the assets of Novato, Calif.-based Blair Jarcik Insurance Agency Inc. Blair Jarcik, president of Blair Jarcik Insurance Agency, will join Hub California and report to Bryan Costello, San...
Dec 5 2019 // A new study on California workers’ compensation shows the cost of self-insurance is 14% to 28% less than a traditional workers’ comp policy.It should be noted that the study was commissioned by the California...
Dec 5 2019 // California Insurance Commissioner Ricardo Lara on Thursday issued a mandatory one-year moratorium on insurance companies non-renewing policyholders, a move he says will help at least 800,000 homes in wildfire disaster...
Dec 5 2019 // Bankrupt California power producer PG&E Corp. is close to finalizing terms for a $13.5 billion payout to victims of wildfires triggered by its power lines, Bloomberg reported on Wednesday, citing people familiar with...
Dec 4 2019 // United Valley Insurance Services Inc. has added Lawrence Potter Insurance Agency in San Diego, Calif., as a member. Larry Potter, Managing Principal, is the sole proprietor owner of the retail agency. The agency focuses on...
Dec 4 2019 // The maker of popular video game League of Legends has agreed to pay $10 million to female employees to settle a broad gender discrimination case.Court documents show that Los Angeles-based Riot Games will pay about 1,000...
Dec 4 2019 // The Workers’ Compensation Insurance Rating Bureau of California in a follow-up analysis to its 2018 study that evaluated the potential impact of medical provider fraud enforcement shows indicted providers treated...
Dec 4 2019 // A wave of new laws in 15 states that allow people to make claims of sexual abuse going back decades could bring a deluge of lawsuits against the Roman Catholic Church that could surpass anything seen so far in its clergy...
Dec 4 2019 // This post is part of a series sponsored by CoreLogic.As strong winds further exasperate the prime weather conditions for wildfires in California, efforts to save lives and property are a foremost priority of emergency...
Dec 4 2019 // EPIC Insurance Brokers and Consultants has named Sheryl Marshall as a principal within the firm’s moving & storage practice. Marshall will be based in Napa, Calif., and report to John Sames, senior vice...
Dec 3 2019 // Hub International has acquired Long Beach, Calif.-based Hamman-Miller-Beauchamp-Deeble Inc. d/b/a HMBD Insurance Services. HMBD leadership Dan Roddy, President, and Vice Presidents Todd Miller, Travis England, Jay Semaan...
Dec 3 2019 // Bankrupt California power producer PG&E Corp. did not properly inspect and replace transmission lines before a faulty wire sparked a wildfire that killed more than 80 people in 2018, a probe by a state regulator has...
Dec 3 2019 // Cannabis industry lawyers are calling for greater clarity around regulation of the cannabis industry.Panelists at the 2019 Professional Liability Underwriting Society (PLUS) Conference in Washington D.C. this month said...
Dec 2 2019 // Note: This has been updated with FAIR Plan comments below.Changes to the insurance plan offered by California’s property insurer of last resort could possibly go into effect as early as the next few months – that...
Dec 2 2019 // The nation’s largest utility said Friday that its distribution lines haven’t sparked any major wildfires since it began shutting off power to Northern California customers during periods of high fire...
Dec 2 2019 // Beazley has named Rozina Karimali executive risk underwriter within the cyber and executive risk division. Karimali is based in San Francisco and will underwrite public directors and officers and large private D&O...